Wainwright Corporation had the following activities in 2014. 1. Sale of land $178,190 4. Purchase...
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Wainwright Corporation had the following activities in 2014. 1. Sale of land $178,190 4. Purchase of equipment $432,340 2. Purchase of inventory $825,000 5. Issuance of common stock $308,810 3. Purchase of treasury stock $67,590 6. Purchase of available-for-sale securities $55,600 Compute the amount Wainwright should report as net cash provided (used) by investing activities in its statement of cash flows.
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